CFPB’s Steven Antonakes dials back for borrowers Same mortgage message, different tone. March 3, 2014. Brena Swanson.
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Our work is far from over,” Antonakes said. And the brutal honesty was not well received. “This audience is the people who are doing the work. These are not CEOs of large companies; these are heads of.
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If you were hoping that the Consumer Financial Protection Bureau had learned from the million-plus comments submitted to the agency on its proposed small-dollar lending rule, then you would have been disappointed to hear CFPB Director Richard Cordray’s recent testimony before the House Financial Services Committee.
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The Consumer Financial Protection Bureau (CFPB) is an agency of the United States government responsible for consumer protection in the financial sector.CFPB’s jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors and other financial companies operating in the United States.
Share on Facebook Share on Twitter.. borrower-initiated plan, and not a blanket refinance of all borrowers.. It also won’t do anything to prevent or minimize foreclosures, which is one of the actual problems in the housing market.
On February 19, the Consumer Financial Protection Bureau (CFPB) released the prepared remarks of Deputy Director Steven Antonakes at the MBA conference in Orlando, Florida. Deputy Director steven antonakes remarks at the Mortgage Bankers Association. Prepared Remarks of Steven Antonakes Deputy Director of the Consumer Financial Protection Bureau
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Are Servicers Finally Off the CFPB?s Hit List? Investor Update November 3, 2015. Bureau offering more carrot, less stick. For quite some time now, it appeared that the Consumer Financial Protection Bureau was out to get the servicing industry. However, a quick perusal of the new supervisory report from the CFPB might finally be a sign that servicers are no longer at the top of the bureau’s.
On Jan. 31, the Consumer Financial Protection Bureau (CFPB) named a temporary replacement for outgoing CFPB Deputy Director Raj Date. Taking on the new duties will be Steven Antonakes, who will add "this temporary role" to his other existing duties as associate director for.